Shares to be Traded on CREST

RNS Number : 2866W

Quarto Group Inc

06 November 2014

 



6 November 2014

THE QUARTO GROUP, INC.

("Quarto" or the "Company")

Quarto Shares to be Traded on CREST

Quarto announces that it has introduced a programme with Capita IRG Trustees Limited ("Capita") to enable its shares of common stock ("Shares") to be traded as depository interests ("Depository Interests") in CREST.

The Depository Interest programme will be effective from 19 November 2014. Under this programme, Capita will issue Depository Interests to qualifying shareholders on a one-for-one basis for each Share held by that qualifying shareholder. Capita will appear on the register of members of the Company as the shareholder but the beneficial interest and all rights in the relevant Shares will remain with the original shareholder. The benefit of the programme is that the Depository Interests can be held and transferred through CREST, thereby enhancing the liquidity of the Company's securities.

As of 19 November, Shares will trade as Depository Interests in CREST under the ticker QRT.

For further information, please contact:

Quarto                                     020 7700 9004              

Marcus Leaver, CEO                                                     

Mick Mousley, CFO                                                      

Bell Pottinger 

Elly Williamson                          020 3772 2573

Lucy Stewart

About The Quarto Group

The Quarto Group (LSE: QRT) is the leading global illustrated book publisher and distribution group and is listed on the London Stock Exchange. Quarto employs about 400 talented and creative people in four distinct but complementary businesses - Quarto International Co-Editions Group; Quarto Publishing Group USA; Quarto Publishing Group UK and Books & Gifts Direct, Australia & New Zealand.

The Group is well positioned in resilient segments of book publishing with rich reserves of Intellectual Property. Quarto is uniquely positioned for growth as the industry adapts to new means of marketing, sales and routes to market. The Group's headquarters are in London where the Company was founded in 1976.

 

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